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|Articles - May 2011|
|Wednesday, April 20, 2011|
Page 1 of 2
By Susan Hauser
The Wall Street Journal recently reported that the market for European custom suits is bursting at the seams. Bespoke tailors on London’s famed Savile Row are chalking up a huge surge in business, as are custom tailors throughout Italy, France and Britain.
Does this European bespoke trend translate into Oregon-speak? At Portland’s fine menswear shops, owners and managers briefly set aside their measuring tapes to share the news that yes, indeed, Oregon businessmen are again investing in their own suave style as the economy improves.
“We’re seeing a tremendous increase after a two-year drought,” says Tony Spear, owner of Este’s Men’s Clothing in Northwest Portland. “People were holding on to their clothes, so alterations were up. My tailor was making money, but we weren’t.”
Spear says business was off by 20% in 2007 and 2008, “and we were in better shape than most.” But it got even worse in 2009, dipping down 35%.
Now, he says, “There’s a huge resurgence in clothing sales because these guys didn’t buy stuff for two years.”
John Helmer III, third-generation president of John Helmer Haberdasher, reports the same at his store. “Sales of suits are way up, 47% above last year,” he says. “Of course, that’s from being kind of down.”
At Mario’s in downtown Portland, made-to-measure director Jake Hanover says men are apparently again willing to spend a considerable sum for a good suit. Even with an “entry-level” price of $1,400 for an Italian made-to-measure suit, Mario’s is seeing what could be called a boom — at least when compared to the past few years.
“Flat was the new up,” says Hanover, recalling the industrywide slump, when the recession brought losses from 35% to 50% to menswear specialty stores. “If you equaled the year before, it was a win. But now we’ve gone into a few quarters of actual gains — a steep enough slope that you could ski on it.”
Monday, January 26, 2015
BY AMY MILSHTEIN
Thinking about starting an internship program? Be careful. Navigating unpaid internships can be tricky.
Tuesday, February 24, 2015
BY KIM MOORE | OB RESEARCH EDITOR
A conversation with Donna Earley, director of sales and marketing for the Salem Convention Center.
Wednesday, March 04, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
On Wednesday night, a couple days ahead of the 2015 season kickoff, Major League Soccer and the Players Union reached an agreement.
Friday, January 23, 2015
BY LINDA BAKER | OB EDITOR
The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.
Friday, February 27, 2015
BY OB STAFF
The 100 Best list recognizes large, medium and small companies for excellence in work environment, management and communications, decision-making and trust, career development and learning, and benefits and compensation.
Friday, February 20, 2015
BY COURTNEY SHERWOOD | OB CONTRIBUTOR
Marijuana is big business in Oregon, and it’s about to get bigger.
Monday, January 26, 2015
The day after this issue goes to press, the city of Medford will host its annual business conference. The event features Minoli Ratnatunga, co-author of the Milken Institute’s annual “Best-Performing Cities” report. Preliminary data suggests that Medford is likely to retain its No. 1 ranking among best-performing small cities for having a higher concentration of high-tech firms than the national average.
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Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Parkinson's Resources of Oregon (PRO) is pleased to announce, long standing Intel manager, Kelly Sweeney has joined the agency’s Board of Directors as a member at large.
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The Firm was recognized for the strength of its case matters during 2014, including precedents set or verdicts with notable high dollar amounts at stake.